# The New NAV List (Time of Valuation) Order (Northern Ireland) 2024

S.R. 2024/2 · made 3 January 2024 · revised to 31 January 2024

This Order specifies 1st April 2024 as the time by reference to which net annual values are to be ascertained for the purposes of the new NAV list coming into force on 1st April 2026.

Made under: Rates (Northern Ireland) Order 1977 (Article 39A)

PDFs: Printed copy https://openlegislation.uk/new-nav-list-time-of-valuation-order-northern-ireland-2024/pdf/nisr_20240002_en.pdf; NI Explanatory Memorandum https://openlegislation.uk/new-nav-list-time-of-valuation-order-northern-ireland-2024/pdf/nisrem_20240002_en_001.pdf

## Introductory text

Rates
Made 3rd January 2024
Coming into operation- 31st January 2024
The Department of Finance makes the following Order in exercise of the powers conferred by Article 39A(1) of the Rates (Northern Ireland) Order 1977

## 1 Citation and commencement

This Order may be cited as the New NAV List (Time of Valuation) Order (Northern Ireland) 2024 and shall come into operation on 31st January 2024.

## 2 Specification of time

1st April 2024 is the time by reference to which a net annual value to be ascribed to any hereditament in a new NAV list coming into force on 1st April 2026 is to be ascertained.

## Signature

Sealed with the Official Seal of the Department of Finance on 3rd January 2024
(L.S.)
Sharon Magee
A senior officer of the Department of Finance

## Explanatory note

(This note is not part of the Order)
This Order specifies 1st April 2024 as the time by reference to which net annual values are to be ascertained for the purposes of the new NAV list coming into force on 1st April 2026.

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Source: https://www.legislation.gov.uk/nisr/2024/2 (the official version)
Page: https://openlegislation.uk/new-nav-list-time-of-valuation-order-northern-ireland-2024
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.